% WARNING: This file may contain UTF-8 (unicode) characters.
% While non-8-bit characters are officially unsupported in BibTeX, you
% can use them with the biber backend of biblatex
% usepackage[backend=biber]{biblatex}
@techreport{NBERw9819,
title = "What Happens After a Technology Shock?",
author = "Christiano, Lawrence J and Eichenbaum, Martin and Vigfusson, Robert",
institution = "National Bureau of Economic Research",
type = "Working Paper",
series = "Working Paper Series",
number = "9819",
year = "2003",
month = "July",
doi = {10.3386/w9819},
URL = "http://www.nber.org/papers/w9819",
abstract = {We provide empirical evidence that a positive shock to technology drives per capita hours worked, consumption, investment, average productivity and output up. This evidence contrasts sharply with the results reported in a large and growing literature that argues, on the basis of aggregate data, that per capita hours worked fall after a positive technology shock. We argue that the difference in results primarily reflects specification error in the way that the literature models the low-frequency component of hours worked.},
}